Posts tagged financials

T-Mobile kicked off 2014 by crashing an AT&T party, and finished it with "our best year in company growth ever," according to CEO John Legere. To be exact, it added 8.3 million new customers over the year, including a million "postpaid," clients in the last quarter of 2014. The Uncarrier chalk...

Despite a supposedly weak PC market, Lenovo does very well, thank you. It's trying to sprinkle the same golden dust on to its latest acquisition, Motorola, and appears to be succeeding. Sales for the iconic brand are up 118 percent over last year to $1.9 billion (with more than 10 million units sh...

Sega Sammy is restructuring to prioritize "Digital Games," a reform that'll see it make job cuts including "soliciting voluntary retirement" for around 300 employees; 120 employees are due to be approached about voluntary retirement next month. Sega of America is among those to be hit by layoffs as...

Amazon may have surprised Wall Street by how much sales went up in the fourth quarter of last year ($29.3 billion, with a profit of $214 million), but for customers its Prime service is the big deal. Founder and CEO Jeff Bezos said Prime membership in the US grew by 50 percent last year, despite a...

LG is still trailing Samsung and Apple in total smartphone sales (and profits from them), but the company just revealed its financial data for the last year and has plenty to be happy about. It sold 59.1 million smartphones last year, up nearly a quarter from what it moved in 2013. The report didn...

Samsung's profits have been on an upward swing driven by several popular versions of its Galaxy smartphones, but 2014 is going into the books as an off year. It still posted a $4.88 billion profit in Q4, but for the year it was down 32 percent from 2013 and had the lowest profit since 2011, which ...

The New 3DS is off to a "good start" according to Nintendo, after the enhanced handheld shipped 1.84 million units by the end of 2014. The company launched the New 3DS and its XL variant in Japan back in October, before bringing them to Australia the following month.
The New 3DS' arrival helped ...

Nintendo reduced its annual sales forecast by 6.8 percent today, leading to a 50 percent drop in the projected operating profit for its core business. Nonetheless, the ever-weakening state of the yen is balancing that out by boosting the company's overseas earnings.
According to its revised fore...

In the midst of Netflix's Q4 financial report (if you're wondering - it added the expected amount of subscribers this time, unlike Q3) it revealed a few things viewers will actually be interested in. First of all, it's going to have The Interview available for streaming to US and Canadian subscrib...

Capcom revised its consolidated earnings forecast for the fiscal year ending on March 31, lowering its net sales expectations from 80,000 million yen ($673 million) to 65,000 million yen ($547 million). The change represents an 18.75 percent decline, which Capcom said is "primarily due to the sever...

It's been almost a year since John Chen was appointed to save Blackberry and it's clear that his grand plan has, at least, stopped the company losing money hand over fist. In the Canadian outfit's latest three month report, it reveals that losses have been trimmed from $4.4 billion last year to a ...

Majesco Entertainment completed an investment round that resulted in $6 million in funding, the Cooking Mama publisher announced today. $1 million of the funds were issued to the company with the rest stashed in escrow until certain, as-yet-unknown conditions are met by Majesco. The company also ap...

Sony will reportedly not renew its FIFA sponsorship and will instead spend its money on structural reforms, according to Nikkei. The electronics giant began sponsoring the global soccer organization in 2005, signing an eight-year, 33 billion yen ($277 million using current rates) contract, which is...

GameStop's third quarter financial results show global sales are down for the quarter ended November 1, 2014, totaling $2.09 billion, compared to 2.11 billion over the same period last year. Net income fell to $56.4 million, as compared to $68.6 million during the third quarter last year.
Despit...

Majesco has fallen on hard times, as the Cooking Mama publisher "implemented a reduction of our workforce to reduce our fixed costs," according to recent SEC filings. The company's layoffs came at the very end of October, just after its independent label Midnight City launched Costume Quest 2 on PS...

Bandai Namco's first half of fiscal year 2015 – April 1, 2014, to September 30, 2014 – is on the up and up: Net income hit 21.3 million yen ($184,000), an increase of 8.5 percent year over year, and net sales hit 259.3 million yen ($2.2 million), an increase of 13.5 percent. Operating i...

Electronics Arts had a bit to say about Star Wars: The Old Republic in its November 4th quarterly report -- and none of it good.
The publisher named the sci-fi MMO as one of the properties that had decreased in revenue over the period. While EA's net revenue is up $295 million across the board, ...

Disney Interactive posted $116 million in annual operating profit, which is the first time Disney's gaming arm has made a yearly gain under its current setup. The figure represents the division's profit for the fiscal year that ended September 27, 2014, underlining the impact of Disney Infinity and...

Did you know that Lenovo had planned to become the world's biggest PC and tablet maker by the end of 2016? It turns out that the company's achievement was even greater than its ambition, since the milestone has been reached six financial quarters early. In Lenovo's latest earnings release, the com...